M4RK RZ Posted May 13, 2007 Share Posted May 13, 2007 I think I have the crown for the most boring post in 07 so far Heading for a rise in the next year or a fall? im guessing a rise after an evening of research If there is anyone with some further mortage related info (works in the banking industry) take a sec to reply. If not then a pure guess might work lol Link to comment Share on other sites More sharing options...
DaveK Posted May 13, 2007 Share Posted May 13, 2007 Well, after tomorrow I won't have a mortgage. So I'll be hoping for a return to the days of 15% rates. Link to comment Share on other sites More sharing options...
dangerous brain Posted May 13, 2007 Share Posted May 13, 2007 I'm thinking that the power handover in the labour government will result in a heavy swing back to the left. That will lead in the end to the same shit that them bunch of monkeys brought you last time they were in power. Actually its kind of amusing that flair bear has left now as he can blame the whole economic downfall of the country and the latest demise of the labour party on his successor with the age old line "it was Ok when I left it" In summary yes the interest rate is gonna go up soon so I'd book me a long term fixed rate if I was you Link to comment Share on other sites More sharing options...
Havard Posted May 13, 2007 Share Posted May 13, 2007 Here!! http://www.mkivsupra.net/vbb/showthread.php?t=110286&highlight=Interest http://www.mkivsupra.net/vbb/showthread.php?t=95484&highlight=Interest These might help!! H. Link to comment Share on other sites More sharing options...
Jake Posted May 13, 2007 Share Posted May 13, 2007 I'm thinking that the power handover in the labour government will result in a heavy swing back to the left. That will lead in the end to the same shit that them bunch of monkeys brought you last time they were in power. You mean to the right, doncha? Link to comment Share on other sites More sharing options...
M4RK RZ Posted May 13, 2007 Author Share Posted May 13, 2007 In summary yes the interest rate is gonna go up soon so I'd book me a long term fixed rate if I was you Thats what I thought after looking at the BofE recent releases and conference write ups + the goverment + the trend in past rises and falls. there were point in the past where it reached rearly 18% !!! I admit were unlikley to see that now - but in relation to how much we earn now etc.. fixed term is the way to go. The banks have started pulling the cheap fix term deals and replacing them with worse ones. Link to comment Share on other sites More sharing options...
mathew Posted May 13, 2007 Share Posted May 13, 2007 im glad the interest rates dont have an effect on the rent i pay to my folks, otherwise it would push it up by around 40p a week!!! Link to comment Share on other sites More sharing options...
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